Business Report by Leo odera omolo
The East African Community and Southern African customs union (SACU) currently working at ways to start trade co-operation in a move to integrate the two trading blocks
Shangu Malikongwa, the visiting SACU Communications Manager was quoted this week by the Nairobi publisher week, The EASTAFRICAN as saying the two regional trading blocs are currently exploring a cooperation strategy to ease trade in Africa
She was further quoted as saying that SACU was exploring the possibility of developing trade relations between its member’s states and the EAC .This is because the EAC has been identified as a possible regional economic community which SACU should collaborate with.
Given the potential and existing trade relations between SACU and EAC there will be an opportunity for an information exchange between the two secretariats regarding the recent developments on deepening integration in Eastern and Southern Africa.
SACU secretariat sees an opportunity for information exchange relating to the operations of the EACOS a collective
SACU seeks to explain the management of economic data and trade data statistics; how it facilitates the preparation of documentation for its meetings.
It is expected that her visit will assist the SACU secretariat improve its technical processes.
Ends
Leooderaomolo@yahoo.com
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Date: Wed, 22 Apr 2009 03:36:40 -0700 [05:36:40 AM CDT]
From: Leo Odera Omolo
Subject: SOUTH AFRICAN CUSTOMS UNION TO COLLABORATE WITH EAC CUSTOMS UNOIN ON MATTERS OF TRADE